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Triple contract win brings $260 million to DOF
Business & Finance

Triple contract win brings $260 million to DOF

Norway’s DOF Group has won three new service contracts with Brazilian state-owned oil and gas giant Petrobras that are worth more than $260 million. The contracts include survey and inspection work and will see at least three vessels used to perform flexible pipeline, risers and subsea equipment ins

about 2 years ago
ammonia
Business Developments & Projects

Fertiglobe and AD Ports unite on ammonia storing and shipping

Fertiglobe, a strategic partnership between UAE’s ADNOC and Dutch OCI Global, has signed a non-binding memorandum of understanding (MoU) with UAE’s AD Ports Group to explore logistics and supply chain opportunities for storing and shipping urea and ammonia at ports in Egypt and the UAE. According to

about 2 years ago
Baru new York KCC
Business Developments & Projects

Klaveness Combination Carriers outfitting vessels with Starlink

Klaveness Combination Carriers ASA (KCC), part of Norwegian shipping company Torvald Klaveness, is embarking on an initiative to enhance vessel connectivity through a pilot program with Starlink, a satellite internet service provided by Marlink. Through this endeavor KCC aims to facilitate digital c

about 2 years ago
Port of Aberdeen wins funding for shore power system
Business & Finance

Port of Aberdeen wins funding for shore power system

Port of Aberdeen has been awarded funding from the UK Government to design and deliver the first large-scale landside and vessel-side shore power system in Scotland.

about 2 years ago
Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects
Business Developments & Projects

Enagás and Port of Huelva to jointly promote hydrogen and bioLNG projects

Spanish energy company Enagás and Port of Huelva have signed an agreement to facilitate the integration of renewable gases such as hydrogen and BioLNG into the integrated logistics chain and promote future decarbonisation projects at the Enagás plant in Huelva. The agreement aims to establish the gr

about 2 years ago
Zuidnatie Terminal
Business Developments & Projects

A power bank for ships? Belgium’s terminal says, ‘Why not?’

A pilot project was launched at Zuidnatie’s terminal in Antwerp in which shore power was connected to the ocean-going vessel UAL Osprey, an ocean going vessel owned by UK-based shipping company Carisbrooke Shipping, by means of a Zenobē battery. This makes Zuidnatie the first terminal in Belgium to

about 2 years ago
Norwegian firms merging to make 'strong full-service energy data company'
Business & Finance

Norwegian firms merging to make ‘strong full-service energy data company’

Norwegian seismic companies PGS and TGS are merging their businesses to create what they say will be a full-service geophysical data company, pursuing potential in new energy with complementary technology offerings for carbon capture and storage (CCS) and offshore wind. TGS and PGS agreed on the pri

about 2 years ago
KN starts Klaipeda LNG capacity allocation
Business & Finance

KN starts Klaipeda LNG capacity allocation

Lithuanian Klaipeda LNG terminal operator Klaipedos Nafta (KN) has offered the market 9 TWh of the LNG terminal regasification capacities for the period from 2025 to 2032 and from 2033 onwards. The National Energy Regulatory Council approved the updated allocation model at the end of July, and accor

about 2 years ago
Ports of Rotterdam and Duisburg join forces on hydrogen
Ports & Logistics

Ports of Rotterdam and Duisburg join forces on hydrogen

Inland port duisport and the port of Rotterdam have revealed the next step in their partnership towards the development of European hydrogen chains with a new feasibility study.

about 2 years ago
DSCI CMES
Business & Finance

CMES pens contract for world’s 1st methanol-fuelled VLCC

Just weeks after making headlines with its ambitious announcement at the end of August, China Merchants Energy Shipping (CMES) has swiftly moved forward with the order of the world’s first methanol dual-fuel Very Large Crude Carrier (VLCC). As previously announced, Dalian Shipbuilding Industry Group

about 2 years ago
Illustration/French developer Sabella deploying its tidal energy turbine (Courtesy of Ocean Energy Europe)
Authorities & Government

In focus: Accelerating buildout of sustainable energy mix amid fossil fuel impasse

Last week’s G20 summit in India concluded with mixed progress on environmental issues. The leaders hailed the ambitious new renewable energy goal to “pursue and encourage efforts to triple renewable energy capacity globally” by 2030. However, the gathering was marked with lingering disagreements and

about 2 years ago
Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia
Business & Finance

Wison & Genting sign LNTP deal to buy equipment for FLNG unit in Indonesia

Wison (Nantong) Heavy Industry, an affiliate of Wison Offshore & Marine, and Genting Oil & Gas Limited (GOGL), via its wholly-owned indirect subsidiary PT Layar Nusantara Gas (PTLNG), have entered into a limited notice to proceed agreement (LNTP) to purchase $43.04 million of long lead items for a 1

about 2 years ago
Ammonia
Business Developments & Projects

Next on the horizon: A naming ceremony for an ammonia-powered ship?

Thursday witnessed a momentous occasion in the annals of container shipping, one that reverberated with promises of greener, more sustainable days ahead for the maritime industry. The naming ceremony of the world’s first methanol-powered containership, the Laura Maersk, took center stage, signifying

about 2 years ago
The installation of EEL Energy’s tidal turbine in Rhône river (Courtesy of EEL Energy)
Business & Finance

French tidal energy company eyes up to €2M of fresh funding

French company EEL Energy is looking to raise up to €2 million in new funding to help advance its tidal energy technology and projects.

about 2 years ago
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